APY

What is APY? 

Annual Percentage Yield (APY) represents the total interest earned on an investment over one year, taking into account compound interest. In cryptocurrency platforms offering yield farming or interest-bearing accounts, APY helps investors understand potential returns on their digital assets.

Users should recognize that APY can vary significantly between platforms and may change based on market conditions. It's crucial for investors to compare APYs when choosing where to stake their assets for optimal returns.

How to use the term?

You might say: "The platform offers an attractive APY for staking Ethereum compared to other services."

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